Inactive Instrument

CareTech Holdings PLC

CTH

GB00B0KWHQ09

Healthcare Facilities & Services

CareTech : UK competition watchdog clears CareTech-Cambian deal

February 08, 2019 at 02:50 am EST

(Reuters) - Britian's competition watchdog on Friday decided against referring the completed deal between CareTech Holdings Plc and Cambian Group for a Phase-2 investigation.

British social care services CareTech bought rival Cambian for 372 million pounds ($472.66 million) in August last year.

"CMA has cleared the completed acquisition by CareTech Holdings Plc of Cambian Group Plc," UK's Competition and Markets Authority (CMA) said in a statement http://bit.ly/2I1kQ18.

(Reporting by Sangameswaran S in Bengaluru; Editing by Arun Koyyur)

Latest news about CareTech Holdings PLC

CareTech Holdings PLC Reports Earnings Results for the Full Year Ended September 30, 2022	23-07-31	CI
CareTech Holdings PLC announced that it has received funding from Three Hills Capital Partners	22-11-15	CI
CareTech Delists Shares Following Takeover By Amalfi	22-09-28	MT
CareTech's Acquisition by Sheikh Holdings Consortium Takes Effect	22-09-27	MT
Belgravia Investments Limited, THCS IV GP S.a.r.l, managed by Thcp Advisory Limited, Asset Management Arm, Kensington Capital Limited and Sheikh Holdings Group (Investments) Limited made an offer completed the acquisition of CareTech Holdings PLC from a group of sellers.	22-09-26	CI
Logistics Development's Investment Manager Confirms No Intention Of Making Offer For CareTech	22-06-28	MT
Commodity stocks drive FTSE 100 to more than one-week high	22-06-27	RE
CareTech Surges 21% on $1.1 Billion Takeover From Sheikh Holdings Consortium	22-06-27	MT
CareTech Agrees $1 Billion Takeover From Sheikh Holdings Consortium	22-06-27	MT
CareTech set for $1.07 billion takeover deal	22-06-27	RE
Amalfi Bidco Limited reached an agreement to acquire entire stake in CareTech Holdings PLC.	22-06-26	CI
DBAY Advisors Limited cancelled the acquisition of remaining 98.21% stake in CareTech Holdings PLC.	22-06-26	CI
FTSE 100 Rises Ahead of BOE Decision, with 25 BP Hike Seen	22-06-16	DJ
CareTech's Fiscal H1 Profit Plunges Amid Higher Expenses	22-06-16	MT
Earnings Flash (CTH.L) CARETECH HOLDINGS Reports Fiscal H1 EPS GBX11.71	22-06-16	MT
CareTech Holdings PLC Reports Earnings Results for the Half Year Ended March 31, 2022	22-06-16	CI
CareTech Further Extends Merger Talks With Suitors DBAY Advisors, Sheikh Holdings	22-05-30	MT
CareTech Says Fiscal H1 Performance Meets Expectations, Confirms Final Dividend	22-05-03	MT
CareTech Holdings PLC reconfirms final dividend, Payable on 4 May 2022	22-05-03	CI
CareTech Extends Talks With Suitors Sheikh Holdings, DBAY Advisors	22-04-29	MT
CareTech Confirms Improved Takeover Bid From Sheikh Holdings	22-04-14	MT
CareTech Lands Sweetened Bid From Founders Group	22-04-13	MT
CareTech Founders Plot Takeover of UK Firm by Matching Rival Cash Bid	22-04-13	CI
CareTech founders plot takeover of UK firm by matching rival cash bid	22-04-13	RE
Berenberg Lowers Caretech To Hold From Buy, Lifts PT	22-04-05	MT

CareTech Holdings PLC is a United Kingdom-based care and support provider for children and adults. The Company operates through four segments. The Adults Services segment is engaged in the provision of care and residential services for adults with learning disabilities, individuals recovering from mental health disorders, adults with autistic spectrum disorder, those with one or more physical impairments and adults with acquired brain injury. The Children's Services segment is engaged in the provision of assessment, residential care and education for young people with challenging behaviors, and those with behavioral and emotional disorders. Foster Care segment is engaged in the provision of foster care for both mainstream and specialist foster care in small supportive groups across England and Wales for children with disabilities. Digital Technology segment is engaged in the provision of diagnostic assistive technology to enhance communication and the independence of disabled users.

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Healthcare Facilities & Services

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Residential & Long-Term Care

CareTech Holdings PLC

Equities

CTH

GB00B0KWHQ09

Healthcare Facilities & Services

CareTech : UK competition watchdog clears CareTech-Cambian deal

Latest news about CareTech Holdings PLC

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Sector Residential & Long-Term Care